If you were to focus on developing management information systems that allowed you to reduce the number of employees in the company and, therefore, reduce the price of products offered to the customer, you would be utilizing a _____ strategy.
A) Focused
B) Bottom-line
C) Top-line
D) Cutting-edge

Question

Quizplus · Accepted Answer

The strategy described in the question is a bottom-line strategy, which aims to reduce costs and increase profitability by reducing the number of employees in the company. This can lead to lower prices for customers and a more competitive position in the market. A focused strategy would involve targeting a specific market segment or niche, while a top-line strategy focuses on increasing revenue through sales growth. Cutting-edge strategy involves using innovative or advanced technologies to gain a competitive advantage.

If You Were to Focus on Developing Management Information Systems